Plan Ledger DOL Form 5500 · updated monthly

Truline Corporation401(k)

TRULINE 401(K) PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.75%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Truline Corporation reported $54,969 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $206 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.52% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Nevada (243rd of 437), and 1,341st of 2,677 in transportation & warehousing. In 2024, employees put in $6.05 for every $1.00 the employer contributed; active participation has grown from 245 to 317 since 2022.

Plan summary
Net assets, end of year$7,532,860
Participants with balances185
Active participants317
Employer contributions$65,372
Employee contributions$395,657
Employer contribution per active participant$206
Average account balance$40,718
Benefits paid to participants$756,949
Plan auditUnmodified (clean) audit opinion
AuditorLAYTON, LAYTON & TOBLER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 185 accts · $65K emplr
2023$7.2M · 174 accts · $65K emplr
2022$6.3M · 192 accts · $41K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,969
Total administrative$54,969
The Truline Corporation 401(k) match · 2024
Employer contribution per active participant$206
Median for plans this size$1,313
2024$206 per active participant
2023$261 per active participant
2022$168 per active participant

Truline Corporation's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$19,377
CAMBRIDGE INVESTMENT GROUP · Investment advisory (plan)$14,233
PROFESSIONAL BENEFIT SERVICES · Contract administrator$2,250

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$54,969 · 0.75%
2023$45,628 · 0.68%
2022$37,763 · 0.52%
Same employer
Similar plansTransportation & Warehousing · Nevada
Allegiant Travel Company NV$551.4M · 0.10%
Its Logistics, LLC NV$24.0M · 0.31%
Whittlesea-Bell NV$8.3M · 0.11%
Bender Warehouse Co. NV$5.7M · 0.59%
Ewing Bros., Inc. NV$3.8M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880104927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.